Disclaimer This document is personal to the recipient and has been - PowerPoint PPT Presentation

Shaping the future of oil exploration in Africa OCTOBER 2013 JUNE 2013

Disclaimer This document is personal to the recipient and has been prepared and issued by Lekoil Limited (the Company) solely for its use at informational meetings relating to the proposed placing by the Company (the Transaction) and is being delivered on a confidential basis for information purposes only to a limited number of persons. For the purposes of this notice, the presentation that follows (the Presentation) shall mean and include the slides that follow, the oral presentation of the slides by the Company, the question-and-answer session that follows that presentation, hard copies of this document and any materials distributed at, or in connection with, that presentation. By attending the meeting where this Presentation is being made, or by reading the Presentation slides, you agree to be bound by the following limitations. This Presentation has not been independently verified by Mirabaud Securities LLP (the Agent). The Presentation is for information purposes only and does not purport to contain all information that a prospective investor may require. No reliance may be placed for any purposes whatsoever on the information contained in this Presentation or on its completeness, accuracy or fairness. No representation or warranty, express or implied, is given by or on behalf of the Company, the Agent or any of such persons’ directors, officers, advisers, agents or employees or any other person as to the accuracy or complete ness of the information or opinions contained in this Presentation and, to the extent permitted by law, no liability whatsoever (in negligence or otherwise) is accepted by the Company, the Agent or any of such persons’ directors, officers, advisers, agents or employees or any other person for any loss, howsoever arising, dire ctly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. In particular, no representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on any projections, targets, estimates or forecasts contained in this Presentation and nothing in this Presentation is or should be relied on as a promise or representation as to the future. The information and opinions set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. In furnishing this Presentation, the Company does not undertake any obligation to provide any additional information or to update or keep current the information in this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. This Presentation contains confidential information and is the property of the Company. It is made available strictly for the purposes referred to above. This Presentation must be held in complete confidence and may not be reproduced, used (other than for such purposes) or disclosed directly or indirectly without the prior written consent of the Company. By accepting delivery of this Presentation, the recipient agrees to return it at the request of the Company. This Presentation should not be considered as the giving of investment advice by the Agent, the Company or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Some statements contained in this Presentation or in documents referred to in it are or may be “forward - looking statements” or “ forward- looking information” (as such terms are understood under applicable securities laws) (forward-looking statements), including, but not limited to, statements as to future operating results, work plans and potential acquisitions and contracts. The forward-looking statements include statements typically containing the words “intends”, “expects”, “anticipates”, “targets”, “plans”, “estimates” and words of similar import. These forward -looking statements speak only as at the date of this Presentation. These statements are based on current expectations and beliefs and, by their nature, are subject to a number of known and unknown risks, uncertainties and assumptions that could cause actual results, performances and achievements of the Company and its subsidiaries to differ. The forward-looking statements are based on numerous assumptions regarding the Company’s present and future business, strategies and interests and the environments in wh ich the Company may operate in the future and such assumptions may or may not prove to be correct. No one undertakes to update or revise such forward-looking statements. Nothing in this Presentation or in documents referred to in it should be considered as a profit forecast. All expressions of opinion and belief contained in the Presentation are opinions and beliefs held by the Company at the date of the Presentation. Accordingly, recipients of this Presentation are advised not to place undue reliance on the forward-looking statements contained in this Presentation. Past performance cannot be relied on as a guide to future performance. OCTOBER 2013 1